Mexico Industry

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Chapter | Industry & Mining from The Report: Mexico 2019

A number of factors bode well for Mexico’s industrial sector. Cheap labour costs, proximity to the US market and improving human resources have attracted global firms. The sector in Mexico is making gains in some strategically important areas, and strong performance in the mining, electronics and agri-business segments is driving overall growth. Even as protectionist measures and bilateral...

In 2018 Mexico’s economy ranked second in Latin America and 15th in the world in terms of GDP, which totalled $1.22trn, according to the World Bank. In 2019 the newly elected President Andrés Manuel López Obrador has pushed ahead with efforts to meet his pledge to tackle corruption and implement austerity measures within the government, to reduce costs and curb excessive expenditures.

Sobre la base de más de una década de crecimiento sólido, México espera tener dentro de los próximos tres a cinco años una de las 10 principales industrias aeroespaciales del mundo.

Si bien el futuro del sector minero de México sigue siendo incierto, los reciente temores a que la nueva administración obstaculizase el crecimiento del sector a través de regulaciones demasiado estrictas se ha disipado ligeramente.

 

Performance in Mexican industry is heavily dependent on the particular segment in question and its current economic position. The automotive and aeronautics manufacturing sectors, concentrated mostly in the Bajío region of Mexico in the states of Querétaro and Guanajuato, are driving demand for inputs like light-weight polymers, while strong...

 

In what ways has digitalisation changed the way distribution networks operate in the retail sector?

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